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increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the matter as long as data remains relatively, weak, not strong, muddled through the fed will be a long way as way from ending its quantitative easing. the other thing we havv to pay attention to which i think gives us a lot of upside potential is that what's happening in japan is nothing less than significant. and we need to pay attention to the yen. tracy: so let's first finish with the united states because i know you are hot on the yen. you've talked about it last time you were here. that means based on what you're say, second q
increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the...
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ceo bill simon says his consumers were most worried about jobs followed by inflation, taxes and gas prices. consumers may have concerns, but a number of analysts aren't worried. >> i think walmart right now is running as well as walmart has ever run since i started watching them in 1968. they are doing a fabulous job of bringing product at the price to the customer. >> reporter: and the stockholders are reaping the benefits. walmart sharesgained 27% er the last year,terhan the s&p indexand the broad s& sp 500 ereime period. courtney reagan.s repori'" >>> and owtomorre turn housg ane company to watch this earnings season. >>> so many american companies including many walmart suppliers move manufacturing out of the u.s. to plants in china, looking to save money. but things have changed. rising costs for labor, material and shipping has forced a lot of companies to consider bringing some of those jobs back home. phil lebeau has more from shanghai. >> reporter: here in shanghai, u.s. manufacturers who have set up plants here in china are facing a new challenge, rising costs. in fact, a new stu
ceo bill simon says his consumers were most worried about jobs followed by inflation, taxes and gas prices. consumers may have concerns, but a number of analysts aren't worried. >> i think walmart right now is running as well as walmart has ever run since i started watching them in 1968. they are doing a fabulous job of bringing product at the price to the customer. >> reporter: and the stockholders are reaping the benefits. walmart sharesgained 27% er the last year,terhan the...
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you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a splash, see world jumps more than 25 percent of the stock market debut. yes they launched the ipo date to doubt the negative news flow and went for a. entertainment joins us next so why was now the good time to go public?@ and as we told you the developing news this hour the boston red sox game against kansas city royals cancelled tonight. you are looking at a live shot of a very empty fenway park just a few miles away from a massive manhunt in watertown and cambridge and will remain empty tonight. no game and the bruins hockey game also canceled for all the developments on fox business. dow jones in
you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a...
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit went into a residential neighborhood not far from here where there was an exchange of gunfire between watertown police, nbta police officer and is two suspects in this suv. during the course of that pursuit, several explosive devices were discharged from the car at the police officers. in the exchange of the gunfire, we believe that one of the suspects was struck and ultimately taken into custody. a second suspect was able to flee he from that car and there is an active search going on at this point in time. an mbta police officer was struck during that exchange of gunfire and is currently at the hospital in
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit...
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>> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack to take place. connell: two brothers are less to be a part of this, one that was killed and the other that is said to be 19 years old and still at large. you mentioned their background, the fact that there are originally from chechnya. they came here, we think, in 2002 and three, some are in an area. is it possible that they just acted alone? working together as brothers? is it more likely from your experience of the years that they did have some support from the outside, or read my be. >> you know, is suspect gillette to let this point, but if i had to put my chest down on a table i wa
>> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack...
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ turn of event in the last 11 hours in the boston area. what you are looking at are pictures moments ago of the police and local law enforcement officials focusing in on what we believe is a home in watertown, massachusetts. this is where they have tracked down where this man hunt that has taken place has led them. this is a man hunt to chase a terror suspect in the boston marathon bombings. his brother, we believe they were two brothers who dhaerd out. his brother was killed earlier today running from police. we do -- we have been watching all of this and are watching now as this develop, but please, just in the last half hour have focussed in on a home in
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ turn of event in the last 11 hours in the boston area. what...
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you could take your explorer for service, why do you bring it back to the ford dealership? they specifically work on fords. it seems to me like the best care. and it's equal or less money, so it's a value for me. get a free brake inspection and brake pads installed for just 49.95 after rebates when you use the ford service credit card. who doesn't enjoy value? at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. the east coast this morning and that means we are getting clo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my car. and you're treating it well? yes i am. there are a lot of places you...